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 KOSPI (SEOUL.NDX) - Close: 2 004.28 (+12.23), Apr 18, 2014

Chart Technical Analysis KOSPI (SEOUL)

 Positive Candidate -Medium term, Apr 18, 2014Analysis Explanation
KOSPI does not show any clear trend. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 1990. Further rise to 2086 or more is signaled. The index has marginally broken up through the resistance at points 2000. An established break predicts a further rise. RSI is overbought. The index can still rise further, and we should see a decreasing RSI before this is used as a negative signal. The index is overall assessed as technically positive for the medium long term.

1 day-0.58%0.00+0.61%
5 days0.001.95%0.00+0.34%
22 days0.004.91%0.00+3.44%
66 days-7.798.82%134.76+2.99%
Trend 0%0.00 - 0.00
Moving average2014-04-15
Inverse Head and Shoulders 2014-04-08
Long Term Trading Range2014-03-28
Short Term Trading Range2014-03-27
Inverse Head and Shoulders 2014-03-27
Rectangle2014-01-03
Double Top Pattern2013-08-21
Rectangle2013-06-20
Double Top Pattern2013-04-05


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